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Guanajuato and Queretaro: Why Don't They Compete?
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In the last 20 years Guanajuato bet on car owners while Querétaro bet on aircraft parties How did these states decide not to compete for the same investment? The game theory, a branch of microeconomic theory can give an explanation. The struggle between two states to attract investments is usually represented by a competition over who offers better economic incentives. For example, when the state of Guanajuato competes against the state of Quere…
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